Nigeria News (Standard)
FG Auctions ₦6.15bn Drug Assets in Lagos, Akure as NDLEA Sells Victoria Island Hotel
Estate firms acquire seized properties in major public auction; four assets withdrawn for not meeting reserve price
Estate firms acquire seized properties in major public auction; four assets withdrawn for not meeting reserve price
The Federal Government on Monday concluded the public auction of assets forfeited by convicted drug traffickers, generating over ₦6.14 billion in revenue from high-value properties in Lagos and Akure. The exercise, which took place in Abuja under the supervision of the National Drug Law Enforcement Agency (NDLEA) and the Federal Ministry of Justice, saw a six-storey luxury hotel on Victoria Island, Lagos sold for ₦5.9 billion—the largest single asset in the auction.
According to Tamarantare Francis Ali-Bozi, Head of Asset Recovery and Management Unit at the Ministry of Justice, a total of four major properties were successfully handed over to new corporate owners after meeting government reserve prices. These include the Victoria Island hotel acquired by Tope Ojo and Tunde Olonishakin Estate Firm; a commercial/residential property in Lekki Phase 1 bought by FSS Limited for ₦219.5 million; a block of flats in Ejigbo secured by A-BNB Global Innovations Limited for ₦104 million; and a residential property in Akure purchased by Fazeen Global Link Limited for ₦29.36 million.
The NDLEA confirmed that all assets auctioned had been permanently confiscated following final court orders linked to high-profile narcotics cases. Director of Media and Advocacy, Femi Babafemi, said four other properties listed for sale did not meet their minimum valuation and were therefore withdrawn from the auction floor. “Those properties will be considered for future disposal once they attract qualifying bids,” Babafemi stated during the bid announcement.
The asset disposal marks one of Nigeria’s most significant recoveries under the Proceeds of Crime Act, reflecting government efforts to deter drug trafficking through aggressive forfeiture measures. Experts say such auctions not only raise funds for public use but also send a message that crime will not pay. The Ministry of Justice assured that proceeds would be remitted into federal coffers for development projects.
With this round concluded, stakeholders expect more asset auctions as court-ordered forfeitures increase amid ongoing anti-narcotics operations nationwide.
Source: https://www.pulse.ng/story/ndlea-forfeited-properties-auction-lagos-2026061711284118086
Nigeria News (Standard)
Delta Police Arrest Two Suspected Cable Vandals in Ndokwa West
One suspect hospitalised after attempted escape as police recover stolen electric cables along Ibabu–Ugiliamai Road
One suspect hospitalised after attempted escape as police recover stolen electric cables along Ibabu–Ugiliamai Road
Operatives of the Delta State Police Command have arrested two individuals suspected of vandalising electric cables in Ndokwa West Local Government Area on Tuesday, 25 June. The suspects were apprehended around 10:30pm along the Ibabu–Ugiliamai Road following a joint operation involving officers from Kwale Police Station and members of the local vigilante group.
According to a statement issued by Delta State Police Public Relations Officer, SP Bright Edafe, the security team acted swiftly on credible intelligence that some persons were removing and stealing electric cables in the area. Upon sighting law enforcement, the suspects attempted to flee the scene, resulting in one of them sustaining injuries during the pursuit. The injured suspect is currently receiving medical attention, while the other is in police custody.
Cable vandalism has become a significant concern in Delta State and across Nigeria, often leading to prolonged power outages and financial losses for communities. The state government has repeatedly called for increased vigilance by residents and closer collaboration with security agencies to combat such crimes.
SP Edafe stated that investigations are ongoing to determine if other individuals are involved in the syndicate. “We urge members of the public to continue providing timely information that can help us protect public infrastructure,” Edafe said in Thursday’s press release.
The police command assured residents that efforts will be intensified to prevent further incidents of cable theft in Ndokwa West and neighbouring communities. Authorities also reminded residents that anyone found engaging in vandalism or aiding such activities would face prosecution according to Nigerian law.
Source: https://guardian.ng/news/nigeria/metro/delta-police-arrest-two-suspected-cable-vandals/
Nigeria News (Standard)
Trump Claims US Military Strikes in Borno Prevented Mass Killing of Christians by ISWAP
Former US president says American intervention curbed attacks; Nigerian government yet to issue official response
Former US president says American intervention curbed attacks; Nigerian government yet to issue official response
Former United States President Donald Trump has stated that military strikes authorised by his administration in Borno State helped prevent the mass killing of Christians by militants linked to Islamic State West Africa Province (ISWAP). Trump made this assertion on Friday during an event held in Washington, where he defended his decision to target terrorist groups operating in Nigeria’s North-East region.
According to Trump, the US military operations significantly reduced attacks on Christian communities in Borno and neighbouring states, which had been facing repeated assaults from ISWAP fighters. He said, “As you know, we recently struck Nigeria and largely ended the slaughter of great Christian populations. They have a great Christian population. They were being butchered—thousands and thousands of people were being killed, children, women, old people, just being slaughtered, hacked to death.”
Trump added that the American intervention sent a strong warning to the militants responsible for these attacks. He claimed the strikes discouraged further violence against religious minorities in the region. The former president did not provide specific details regarding the timing or scale of the US operations referenced.
The Nigerian government and security agencies are yet to release any official statement confirming the reported strikes or commenting on Trump’s claims as at press time. In previous years, Borno State and other parts of North-East Nigeria have witnessed repeated attacks targeting both Muslim and Christian communities by various armed groups, including ISWAP and Boko Haram.
Security analysts say international military cooperation is often conducted discreetly and that foreign involvement in counter-insurgency operations can carry both diplomatic and security implications for Nigeria. The opposition could not be immediately reached for comment regarding Trump’s statements.
Nigeria News (Standard)
Former Super Eagles Coach Adegboye Onigbinde Laid to Rest in Modakeke, Osun State
Onigbinde, who led Nigeria to the 2002 FIFA World Cup, remembered for his legacy in Nigerian football
Onigbinde, who led Nigeria to the 2002 FIFA World Cup, remembered for his legacy in Nigerian football
Adegboye Onigbinde, the former head coach of the Super Eagles, was buried on Saturday in Modakeke, Osun State. The burial ceremony drew family members, friends, and football stakeholders who came together to pay their last respects to the veteran tactician.
Onigbinde’s funeral was held at his hometown of Modakeke, marking the end of an era for one of Nigeria’s most respected football coaches. Attendees described him as a disciplinarian and a mentor whose contribution to Nigerian football development spanned decades. Many local residents and members of the football community gathered to honour his memory.
Onigbinde rose to national prominence when he managed the Super Eagles at the 2002 FIFA World Cup. He is credited with nurturing young talent and promoting professionalism in Nigerian football. His death is considered a significant loss by many in the sports fraternity, particularly those from Osun State and across the South-West geopolitical zone.
Though details of official statements were not available at press time, tributes have continued to pour in from fans and former players who worked with Onigbinde during his long career. They praised his dedication and commitment to raising the profile of Nigerian football on the world stage.
As Nigerians reflect on Onigbinde’s enduring legacy, sports analysts note that his impact will continue through coaches and players he mentored over the years. The Nigerian Football Federation is expected to organise further commemorative events in honour of his service.
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